← SPS COMMERCE INC SPSC
Market Price
$79.41
Market Cap
$2.91B
P/E Ratio
32.28
Revenue (FY 2025)
↑17.8% YoY
$751.50M
3-Yr CAGR: 18.6%
Net Income
↑21.1% YoY
$93.34M
Net Margin: 12.4%
Free Cash Flow
↑10.9% YoY
$152.27M
FCF Yield: 5.22%
EPS (Diluted)
↑20.6% YoY
$2.46
Basic: $2.46
Return on Equity
Efficiency
9.6%
ROA: 27.8%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (SPSC)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $193.3M | — | $128.9M | $5.7M | — | $0.33 | — | $18.8M | $10.8M | — |
| FY 2017 | $220.6M | +14.1% | $146.9M | $-2.4M | -142.7% | $-0.14 | -142.4% | $31.1M | $23.8M | +121.1% |
| FY 2018 | $248.2M | +12.5% | $166.5M | $23.9M | +1,078.4% | $1.36 | +1,071.4% | $55.0M | $41.3M | +73.5% |
| FY 2019 | $279.1M | +12.4% | $186.9M | $33.7M | +41.2% | $0.94 | -30.9% | $71.8M | $58.2M | +41.1% |
| FY 2020 | $312.6M | +12.0% | $212.8M | $45.6M | +35.2% | $1.26 | +34.0% | $88.6M | $72.1M | +23.9% |
| FY 2021 | $385.3M | +23.2% | $253.6M | $44.6M | -2.2% | $1.21 | -4.0% | $112.9M | $93.3M | +29.4% |
| FY 2022 | $450.9M | +17.0% | $297.8M | $55.1M | +23.6% | $1.49 | +23.1% | $100.1M | $80.2M | -14.1% |
| FY 2023 | $536.9M | +19.1% | $354.8M | $65.8M | +19.4% | $1.76 | +18.1% | $132.3M | $112.5M | +40.4% |
| FY 2024 | $637.8M | +18.8% | $427.1M | $77.1M | +17.1% | $2.04 | +15.9% | $157.4M | $137.4M | +22.1% |
| FY 2025 | $751.5M | +17.8% | $519.9M | $93.3M | +21.1% | $2.46 | +20.6% | $178.8M | $152.3M | +10.9% |
Valuation
Market Price
$79.41
Market Cap
$2.91B
Enterprise Value
N/A
P/E Ratio
32.28
P/B Ratio
2.99
FCF Yield
5.22%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
69.18%
Operating Margin
15.74%
Net Margin
12.42%
Return on Equity (ROE)
9.58%
Return on Assets (ROA)
27.84%
Asset Turnover
2.24x
Revenue 3-Yr CAGR
18.57%
Financial Health & Liquidity
Current Ratio
25.65
Cash Ratio
11.58
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$151.35M
Total Debt
N/A
Book Value / Share
$26.53
Cash Flow Efficiency
Operating Cash Flow
$178.79M
Capital Expenditures (CapEx)
$26.52M
Free Cash Flow
$152.27M
OCF / Revenue
23.79%
FCF / Revenue
20.26%
FCF 3-Yr CAGR
23.84%
Per Share Metrics
EPS (Diluted)
$2.46
EPS (Basic)
$2.46
Dividends / Share
N/A
Book Value / Share
$26.53
EPS YoY Growth
20.59%
Balance Sheet (FY 2025)
Total Assets
$335.30M
Total Liabilities
$13.07M
Stockholders' Equity
$973.89M
Current Assets
$335.30M
Current Liabilities
$13.07M